Key Takeaways Bitcoin aims for $41,400 following a significant rebound from the $30,000 support level. Likewise, Ethereum broke out of a consolidation pattern and now targets new all-time highs. The high levels of demand for these digital assets suggest that a new bullish cycle has just begun. Whales appear to […]
Key Takeaways Polkadot moves up to the top 5 position in market capitalization, leaving Litecoin behind. Last week, Cardano surpassed Bitcoin Cash (BCH) and is closing in on Litecoin. The trend in the top cryptocurrencies expresses the market’s inclination moving towards blockchain platforms, rather than payment coins. The cryptocurrency landscape […]
Key Takeaways Grayscale announced the dissolution of its XRP Trust as the token’s liquidity vanishes. Japan and Great Britain’s financial watchdogs sustain that this cryptocurrency does not meet the characteristics of a security. Even though opinions are mixed, XRP’s price continues trending downward with no significant support underneath it. The […]
Key Takeaways Chainlink flashed several bullish signals on its 4-hour chart, suggesting that it is primed for another leg up. Band Protocol was able to rebound from a crucial support level as whales bought the dip. A further increase in buying pressure could see LINK rise to $20.00 and BAND […]
Malta’s financial watchdog, the Malta Financial Services Authority (MFSA), has issued a warning against an online trading platform that reportedly doesn’t have approvals to operate in the country. The bogus broker, called Betal Trade FX, is alleging to hold a category 3 license, which its registration number appertains to a […]
Key Takeaways Huobi Futures, FTX, and WazirX have added support for Dogecoin. Elon Musk’s tweets about the coin, market trends, or general competition may be behind the group listing. The listings have had little effect on the market so far. Dogecoin has received three exchange listings over the last 24 […]
Cypriot broker IQ Option is facing a class-action lawsuit in India for alleged fraud with cryptocurrency investment scheme, local media Bar and Bench reported last week. A Delhi court heard arguments on the representative lawsuit on Thursday and issued an order for publication of a notice on leading local newspapers to invite […]
FCA-regulated ITI Capital has publicly published its 2019 financial results, showing a dent in its revenue that forced the brokerage business to remain in losses. The turnover for the year, ending on December 31, came in at £2.91 million, 24 percent down from the previous year’s £3.62 million. Factoring in […]
Monecor (London) Limited, better known by its trade name ETX Capital, has published its financials for 2019 and revealed some numbers for 2020. Though the forex and CFDs brokerage saw a decline in its revenue for 2019, it recovered significantly last year. The latest Companies House filing shows that the […]
Over the last few weeks, the San Francisco-based startup Ripple has been wallowing in an atmosphere of vilification and a legal quandary due to counteractions from the U.S Securities and Exchange Commission (SEC), which later extended to a delisting-spree on top exchanges. In a bid to combat the on-going criticisms […]
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